21.   Keeping money market interest rates low helps to boost bank profit margins on fixed-rate loans and bond investments.

22.   Many traders borrow to finance bond market investments at overnight rates.

23.   Long-term bond investments take the greatest risk and provide the best returns in a rally.

24.   Low official interest rates are good for bonds because many investors borrow at shorter maturities to fund their bond investments.

25.   Low overnight interest rates are good for bonds because many investors borrow at shorter maturities to fund their bond investments.

26.   Low short-term rates are good for bonds because many investors borrow at shorter maturities to fund their bond investments.

27.   More than one-third of those assets, however, are in bond investments, a much higher proportion than most banks.

28.   Moreover, Anderson said, their plan not only failed to provide income from bond investments but also included no stocks that paid dividends.

29.   Nevertheless, most analysts say, a global economic slowdown and slowing price growth will create the perfect environment for bond investments to appreciate.

30.   Nomura should have no problem regaining the top spot this year, said Shinichi Horikawa, a manager of bond investments at Sumitomo Marine and Fire Insurance Co.